Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...
What would you do if:
Bitcoin hit $1,000,000:
Bitcoin hit $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?
Thanks for your opinions,
-Lags
I think the most probabale is that Bitcoin hit $1,000 again. This will definitely happen in the future, the only question is
When?. IMO this might happen in a year from now.
I don't think Bitcoin will hit $1,000,000 in 20 years unless the buying capacity of USD drops several times. If the buying capacity of USD will be as it is now Bitcoin might hit $300,000 in case Bitcoin replaces all the money in the world.
I can't say what is the most probable from your list, because I think Bitcoin will be around $20,000 in 20 years.